Question
a.
A custodian is mandatory for all AIFs
b.
A custodian is mandatory only if the corpus of AIF is more than 500 crore rupees
c.
A custodian is mandatory only for Category III AIFs
d.
A custodian is not required for any AIF
Posted under IC 89 Management Accounting
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Q. What is the requirement for appointing a custodian for the safekeeping of securities by AIFs?
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